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Xai Foundation Reports First Half 2024 Results and Operational Updates

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Xai H1 2024 Highlights 

Launched its Sentry Nodes Network which resulted in over 13,000 ETH in node sales, marking it as the largest mint in Arbitrum Ecosystem history and giving the Xai community unprecedented stake in the network.Reached an all-time high in transactions per second (TPS), pushing the Ethereum ecosystem to its own all-time high in total TPS, and is currently boasting over 9 million daily transactions on Xai.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Surpassed 1.7 million active wallet addresses

GEORGETOWN, Cayman Islands, Aug. 5, 2024 /PRNewswire/ — Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today released its mid-year business update for the 2024 calendar year.

Soby, a core contributor to Xai, remarked, “The first half of 2024 was transformative for Xai. Our ecosystem has experienced unprecedented growth, from the successful launch of Xai Builder, to the expansion of our gaming portfolio through strategic partnerships. The enthusiastic adoption of our Sentry Node system and the surge in network activity underscore Xai’s position as the blockchain solution of choice for high-performance gaming, as the Xai Vanguard: Genesis campaign has propelled us to become the highest-volume EVM chain by TPS in the industry. With developers and gamers increasingly embracing our technology, it’s clear that Xai is setting new standards in the blockchain gaming industry and we’re excited to continue pushing the boundaries of gaming and delivering unparalleled experiences for our players.”

Xai has seen remarkable growth across several key metrics in the first half of 2024, solidifying its position in the blockchain gaming sector. New daily addresses and active monthly addresses have surged, as the company surpassed 1.7 million active wallet addresses during H1 2024.

This progress reflects the strong demand for Xai’s high-performance gaming infrastructure. Recent initiatives, such as the launch of Xai Builder and Xai Connect, have played a crucial role in expanding Xai’s ecosystem and driving its rapid growth, with  Crypto Unicorns, a game recently migrated to Xai, being named the #1 play-to-earn game by Dappradar.

As the leading blockchain for gaming and high-performance applications, Xai continues to evolve its offerings to meet the changing needs of developers, gamers, and the broader Web3 community.

Operational Update

Xai Foundation

The Xai Foundation continues to ensure the maintenance, validity and security of the Xai Network, furthering its development as a premier blockchain for gaming and high-performance applications with major announcements such as:

Launched its Sentry Node Network which resulted in over 13,000 ETH (~42.7M) in node key sales, marking it as the largest mint in Arbitrum Ecosystem history.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Xai Builder provides a unified development environment that simplifies game creation on Xai, and enables developers to quickly deliver high-quality gaming experiences across multiple devices.Prepared for the launch of industry-leading titles by partnering with the best primitive and infrastructure providers, including Nirvana Labs.Deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers using their baremetal web3 optimized cloud infrastructure.Announced the completion of the pilot phase for the Xai Tokenomics Bootcamp in partnership with Offchain Labs which provided extensive expertise to development teams and streamlined the creation process of both new web3 titles and established games looking to build or add web3 framework to an existing experience.Initiated the Xai Vanguard: Genesis campaign to promote adoption of the Xai Blockchain and ecosystem.This campaign quickly propelled the Xai Blockchain to the highest volume EVM chain in the industry according to L2beat.com, and has led in this category for well over a month since the middle of June 2024. Xai remains the only gaming-centric blockchain to hold this accomplishment, featuring 5-100x more TPS than notable industry competitors.

Xai Ecosystem

The Xai Ecosystem experienced record-setting accomplishments for the industry with milestones including:

Reached an all-time high transactions per second (TPS) for both Ethereum and Xai with over 12 million daily transactions on Xai.Surpassed 1.7 million active wallet addresses in H1 2024.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Partnered with industry-leading technology companies includingIndie game promotional platform, The MIX, to bring over 100 indie games to build on Xai over the next year.Paved the way for mainstream adoption of blockchain technology through Xai Connect by moving the wallet to the backend of the experience for games and dApps on Xai.

Through the first half of 2024, Xai released premiere games including, Tarochi and Crypto Unicorns, and announced anticipated migrations for many more coming soon including:

Cyberpunk-themed MMO with a vast interactive metaverse, Yaku Corp.The Open Beta for Lost Glitches, a blend of web2 familiarity and web3 innovation, which has emerged as a standout title in the Xai blockchain network.Free-to-play extraction shooter treasure hunt game, Planet X, is set to bring its unique “hunt, extract, win” gameplay to the Xai network with a host of real-world prizes.Valeria Games’ Land Before War, a mobile real-time strategy (RTS) game made for iOS and Android, announced it will be migrating to Xai ahead of its planned launch later this year.

What’s Next

For the next half of 2024, Xai Foundation will continue to work with premiere web3 games in the space by expanding its portfolio of games deploying on Xai with titles including Lost Glitches, My Angry Yakuza Girlfriend (MAYG), Valeria and the highly anticipated game from Ex Populus, Final Form. In addition to bringing Xai users a continuous stream of high quality game releases, Xai Foundation will maintain advancements to the Xai blockchain through strategic partnerships and enhancement of the protocol, sentry nodes and ecosystem.

About Xai Foundation

The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.

About Xai Games

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

For media inquiries, please contact: marketing@xai.games

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SOURCE Xai Foundation

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Fitterfly Healthtech and Ascensia Diabetes Care Launch a 21-Day Diabetes Management Program on World Diabetes Day

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MUMBAI, India, Nov. 14, 2024 /PRNewswire/ — This World Diabetes Day, on 14th November, Fitterfly Healthtech and Ascensia Diabetes Care are joining hands to launch a complimentary 21-day Diabetes Management Program for Ascensia’s glucometer users. This initiative aims to make diabetes care simpler and more effective for people, offering them personalised support, expert guidance, and easy-to-use tools.

For many, managing diabetes can feel overwhelming. Even with the right tools, knowing where to start can be challenging and confusing. That’s why this 21-day program is designed to help users get started on a wellness journey and build lasting habits, as 21 days is the time it takes to set a habit. By simply scanning a QR code on the warranty page of Ascensia’s glucometer, users can join the Fitterfly program and access diet plans, a 24/7 AI wellness coach, group sessions with diabetes experts, glucose tracking and insights, food diary tracking, assessments, and more. With each step, this structured support brings confidence and clarity, helping users feel truly in control of their health.

Albertraj Balraj, Country Head and Director at Ascensia Diabetes Care India Pvt Ltd., commented, “Glucometers and Self-Monitoring Blood Glucose (SMBG) play an important role in effective blood sugar monitoring. Through this partnership, we aim to offer people a 360° solution by combining our world-class glucometer with Fitterfly’s advanced tools and expert support to make diabetes management truly simple for everyone. We want people to approach diabetes care with confidence and without fear.”

Dr Arbinder Singal, CEO & co-founder of Fitterfly Healthtech, added, “Lifestyle management remains the first line of therapy for type 2 diabetes. Our collaboration with Ascensia makes it easy for people to take control of their health and get started on a journey to lower their blood sugar sustainably. By linking their glucometer to our Fitterfly app, users can track their readings, gain insights, and learn to manage diabetes with ease.”

This partnership is a true example of two brands joining forces to reduce the diabetes burden in the country.

To know more about Fitterfly’s Diabetes Programs, visit Fitterfly.

About Fitterfly

Fitterfly is a leading Indian healthtech company specialising in digital therapeutic programs for managing diabetes, obesity, and heart disease. Co-founded in 2016 by Dr Arbinder Singal and Shailesh Gupta, the Mumbai-based company employs over 200 professionals, including doctors, nutritionists, fitness experts, and technologists. Fitterfly aims to improve metabolic health by focusing on conditions like prediabetes, diabetes, obesity, hypertension, and heart disease. Fitterfly has significantly contributed to health technology research, publishing over 80 papers and winning numerous awards, including the Economic Times Healthtech Startup of the Year 2022. Fitterfly has raised $16.6 million in funding, with its last round in June 2022 led by Amazon with support from Fireside Ventures, 9 Unicorns, and Venture Catalysts.

About Ascensia Diabetes Care

Ascensia Diabetes Care is a global company focused entirely on helping people with diabetes. Our mission is to empower those living with diabetes through innovative solutions that simplify and improve their lives. We are home to the world-renowned CONTOUR® portfolio of blood glucose monitoring systems and the exclusive global distribution partner for the Eversense® Continuous Glucose Monitoring Systems from Senseonics. Ascensia is a member of PHC Group and was established in 2016 through the acquisition of Bayer Diabetes Care by PHC Holdings Corporation. Ascensia products are sold in more than 100 countries. Ascensia has around 1,400 employees and operations in 29 countries. For further information, please visit the Ascensia Diabetes Care website at www.ascensia.com.

Photo: https://mma.prnewswire.com/media/2553921/Fitterfly_Ascensia_Launch.jpg

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Eco-documentary A Chorus of Frogs officially launched

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NANJING, China, Nov. 14, 2024 /PRNewswire/ — Recently, the ecological documentary A Chorus of Frogs produced by Nanjing Newspaper Media Group was officially launched. The film told the story of Wang Ningjing, a post-95s Nanjing girl, who returned to the countryside to find the Chinese immaculate treefrog and shoot a documentary.

https://youtu.be/V8aI9PIFalA?si=Mcc6iP5FeAk3Y8OF

Wang Ningjing, the post-95s generation from Nanjing, is currently studying wildlife filmmaking in the UK. Professor Borzée Amaël from Nanjing Forestry University, who grew up in Madagascar, has been researching treefrogs over ten years.

Unlike most girls who like fairy tales, Wang has been passionate about creature and nature since childhood. Nanjing Hongshan Forest Zoo, not far from her home, was a place she often visited as a child.

“I see one. Is that it?……That one on the wheat. So beautiful!” The species’ breeding season is May and June. During this period, Professor Amaël conducted regular field surveys to locate populations of the treefrog, known for its unique calls that can be heard from a distance. The documentary began with Wang listening to the calls of the treefrog in the fields at night.

A Chorus of Frogs is positioned as an ecological and humanistic documentary. By following Wang Ningjing and Amer to explore the traces of the Chinese immaculate treefrog, it vividly tells the story of people and frogs.

Chinese path to modernization has the distinctive features of respecting nature, following its laws and protect it as well as promoting harmony between humans and nature. The harmonious coexistence between human and the environment is important not only to China but to the world as well.

Where does the Chinese immaculate treefrog go? I believe everyone will find their own answer after watching.

Nanjing Newspaper Media Group, a state-owned media group in Nanjing City, was established on December 17, 2002 with the approval from the National Press and Publication Administration. In recent years, the group has seized strategic opportunities for media convergence to develop a new type of mainstream media based on the Internet. Fully committed to mobile first, it has accelerated the establishment of all-media communication system. The group’s flagship brand, Zijinshan Video, focuses on short video creation, particularly the production of documentaries. It currently has more than 65 million followers across all platforms.

Video – https://www.youtube.com/watch?v=V8aI9PIFalA

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Avathon Partners with CP PLUS, Largest CCTV Manufacturer in India, to Enhance Public Safety while Strengthening Community Bonds

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PLEASANTON, Calif., Nov. 13, 2024 /PRNewswire/ — Avathon, provider of the leading AI platform for industrial operations, has partnered with CP PLUS, one of the largest manufacturers of CCTV cameras, to create safer, more connected societies by bundling Avathon’s computer vision technology with each camera. The companies are bringing Avathon’s computer vision AI capabilities to small and medium-sized businesses (SMBs) across India, turning their cameras into intelligent assets that enable more secure workplaces, factories and facilities.           

In today’s fast-paced world, it’s hard to keep an eye on every single detail, every minute of the day. Computer vision AI technology gives users the freedom and control to go about their daily lives knowing they will receive proactive alerts identifying safety and security issues in real time.

“Increasing demand for advanced public safety tools, smart home devices and integrated AI-powered cameras is fueling massive industry growth,” said Aditya Khemka, Managing Director, CP PLUS, a subsidiary of Aditya Group. “Our partnership with Avathon will help us to better deliver state-of-the-art AI-powered solutions that feature advanced functions like real-time anomaly detection and intelligent monitoring.”

Avathon’s computer vision AI automatically detects and alerts unsafe conditions and incidents in real time, allowing users to proactively take the right actions. Avathon enables business owners using valuable resources to monitor CCTV camera feeds to get back to focusing on operations. The company partners with OEM camera manufacturers by providing AI technology that enables end customers to quickly and accurately address processes, behaviors, and conditions that cause unacceptable risk. Through its partnership with CP PLUS, Avathon has democratized this technology, giving access to large organizations and small businesses alike.

CP PLUS is India’s leading surveillance brand with the most extensive portfolio in the entire global industry. Representing a major share of the Indian CCTV market, CP PLUS offers a range of products and services to meet the varied needs of government, commercial, residential, and industrial customers and its products are successfully deployed in every nook and corner of India and many countries across verticals and industry.

“AI cameras are paving the path forward in India toward smart-city initiatives and enhanced public safety improvements. In this sometimes disconnected world, it’s comforting to rely on a technology that instantly alerts users to potential dangers and other anomalies,” said Pervinder Johar, CEO of Avathon. “We’re proud to partner with CP PLUS to provide the AI innovations needed to push India to the leading edge of technological advancement.”

About Avathon

Avathon, a leader in Industrial AI, extends the life of critical infrastructure while advancing the journey toward full autonomy. Avathon’s Industrial AI platform empowers commercial and government customers with scalable, secure, and value-driven solutions that enhance efficiency and resilience across heavy industry.

Media contact:

Jon Ross
Sr. PR & Communications Manager
Avathon
jross@avathon.com

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